In Norway, Statkraft and Fortescue have agreed to amend and extend the conditional power agreement currently in place for the Holmaneset project. Currently in the feasibility phase of the green hydrogen and green ammonia project, Fortescue is continuing to progress studies and approvals. The amendments extend the existing agreement timeframe to 2029, while also extending […]
In France, DHL Global Forwarding and CMA CGM have taken a significant step toward decarbonizing global container transport. The two companies have agreed to jointly use 8,990 metric tons of UCOME second-generation biofuel, enabling an estimated 25,000 metric tons of CO2e well-to-wake emission reduction for ocean freight transported under DHL’s GoGreen Plus service. This initiative […]
In Texas, Darling Ingredients Inc. announced the sale of approximately $50 million of production tax credits to a corporate buyer. These credits were generated under the Inflation Reduction Act (IRA) by the company’s Diamond Green Diesel joint venture. The company previously announced it sold $125 million and $60 million in production tax credits, bringing the […]
In Finland, UPM has achieved an important milestone in the startup of production of commercial, wood-based chemicals in its Leuna biorefinery in Germany. The refinery, which is the largest industrial-scale investment in biochemicals in Europe, has started the production and commercialization of industrial sugars. After successfully starting up the hydrothermal breakdown of wood on industrial […]
In Colorado, Gevo, Inc. says that BeZero Carbon Ltd., a preeminent global carbon rating agency, has upgraded its rating for the Gevo North Dakota (“GND”) facility that has carbon capture and storage to an “A” rating. Gevo is a pioneer in the voluntary carbon markets focused on the production and delivery of carbon dioxide removal […]
In Brazil, the National Bank for Economic and Social Development (BNDES) approved the financing in the total estimated amount of R$ 450 million for Biometano Verde Paulínia S.A. (BVP) build a biogas purification plant in biomethane at Ecoparque Orizon VR, in Paulínia (SP). BVP is Onebio’s social reason, a partnership between Edge, the Cosan Group […]
In Hong Kong, Neste and Cathay Group have agreed on the supply of Neste MY Sustainable Aviation Fuel™ for the group’s aviation operations across three major aviation regions: Europe, the United States, and Asia-Pacific. This agreement supports Cathay to scale up its use of sustainable aviation fuel (SAF). Leveraging Neste’s SAF supply capabilities at major […]
In Germany, Uniper and thyssenkrupp Uhde have signed a framework agreement that lays the foundation for the construction of commercial ammonia cracking plants. Uniper has secured license packages for the use of thyssenkrupp Uhde’s ammonia cracking technology. The agreement covers up to six large-scale plants with a total capacity of 7,200 metric tons of ammonia […]
In India, BioEnergy Times reported that Carolina Renewable Products has begun work on its first renewable diesel manufacturing facility in Orangeburg County, launching a $280 million clean-energy project that is expected to generate 155 jobs over the next five years. The facility is being developed on a 20-acre site in Orangeburg, South Carolina. It will […]
In the UK, Airport Industry News reported that Salvador Bahia Airport (SSA) has become the first airport in Brazil to supply SAF for commercial operations following the introduction of its regular use in November. The use of SAF at SSA brings VINCI Airports’ total number of sites using the alternative fuel to more than 15. […]
